Two-Family Home with Finished
New
For Sale
$1,650,000
46 Hunter Avenue, Staten Island, NY 10306
Residential Income, Staten Island, NY
Property Size4,500 SF
Lot Size0.09 Acres
Price / SF$366.67
Days on Market2
Property Features for 46 Hunter Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3X
Bedrooms
8
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 7, Bathroom 1, Bedroom 2, Bathroom 5, Bathroom 4, Bedroom 8, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
Parking features
Off Street, Garage
Basement
Finished, Full
Lot features
Back Yard
Subdivision
Dongan Hills-Above Hylan
Standard status
Active
APN
03565-0039
Size
4,500 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
1726
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Central Air
Amenities
custom kitchens with center islands
hardwood flooring
crown molding
Andersen windows
private laundry areas
finished basement
private entrances
modern heating systems
central air conditioning
Building Details
Year built
1955
Floors in Building
2
Number of units
2
Building materials
Stone, Stucco, Vinyl Siding
Listing Agency:
Robert DeFalco Realty, Inc.
(718) 987-7900
Listed By:
Pia Ciccarelli · License #30CI0783539
(718) 987-7900
Added: Aug 31
Last Checked: Sep 1 at 3:06AM
MLS# 2604898
Copyright © 2026 Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-family duplex property provides over 4,500 square feet of living space on a 40 x 100 lot, with a 25 x 60 building footprint. Each residence is configured with four bedrooms and includes an open living arrangement, a custom kitchen with center island, hardwood floors, crown molding, Andersen windows, private laundry, and a primary suite with its own bath. A finished basement, separate entrances, modern heating systems, and central air conditioning add functional depth to the property. Stone, stucco, and vinyl siding are listed among the construction materials, with off-street parking and a garage also provided.
The property is located in Dongan Hills on Staten Island. A completed model home near the site is available for an in-person walkthrough, and the current build allows for select facade and interior finish choices while remaining selections are being finalized. R3X zoning is identified for the property.
The property is located in Dongan Hills on Staten Island. A completed model home near the site is available for an in-person walkthrough, and the current build allows for select facade and interior finish choices while remaining selections are being finalized. R3X zoning is identified for the property.
Key Highlights
- Over 4,500 square feet on a 40 x 100 lot
- Two‑family layout with 4 bedrooms in each unit
- 25 x 60 building dimensions
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$114,307
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,286,140
$2.3M
Cap Rate 7%
$1,632,957
$1.6M
Cap Rate 9%
$1,270,078
$1.3M
Market Conditions
NOI Build-Up for 4,500 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$172.8K $38.40/SF
− Vacancy
−$9.5K −$2.11/SF
EGI
$163.3K $36.29/SF
− OpEx
−$49.0K −$10.89/SF
NOI
$114.3K $25.40/SF
Area
ZIP 10306
Vacancy
5.50%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,286,140
Cap Rate 7%
$1,632,957
Cap Rate 9%
$1,270,078
Alternative Uses
Best Use
Multifamily LT 5
$1.63M
$1.43M – $1.91M
NOI $114,307 @ 7.0% cap · market cap 6.93%
Second Best
Apartment 5plus
$1.45M
$1.27M – $1.69M
NOI $101,574 @ 7.0% cap · market cap 6.16%
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,301 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,247
Businesses Nearby
Explore this area
Business Placement
Demographics for 10306, NY
57,919
Population
21,299
Households
2.7
Avg Household Size
43
Median Age
34%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
8,044
Density / Sq Mi
$97,746
Median Household Income
$54,052
Median Earnings
$1,743
Median Rent
$675,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex property with private entrances, central air conditioning, and separate laundry areas for each residence.
Where is this duplex located?
The property is located at 46 Hunter Avenue Staten Island, NY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Over 4,500 square feet on a 40 x 100 lot; Two‑family layout with 4 bedrooms in each unit; 25 x 60 building dimensions
